Florida is delivering a major win for drivers and it’s not just a refund, it’s a signal that lawsuit reform works. Florida Voice had more:

“Gov. Ron DeSantis announced a major consumer windfall Wednesday, stating that state regulators have secured nearly $1 billion in premium credits and rebates for Progressive auto insurance policyholders, due to cost savings achieved through state litigation reforms.”

“The total amount of nearly $1 billion will result in an average of $300 per Progressive policyholders across Florida, depending on their policy history.”

Governor DeSantis is connecting this directly to the sweeping tort reforms he signed last year. As he put it, the reforms “restored rationality to the legal environment” and forced a shift away from abusive litigation that had been driving up premiums. 

“DeSantis referenced a major imbalance, noting that prior to the reforms, the homeowner’s insurance market accounted for just 8% of claims nationwide but a massive 78% of litigation costs.Since the reforms passed, 17 new companies are now operating in Florida, bringing in more than $57.4 million in capital and helping to reduce the reliance on Citizens Property Insurance, the state-backed insurer of last resort.”

This announcement is another positive trend for Florida consumers. Legal reforms have lowered premiums, attracted insurers back into the state, and given consumers relief they can actually feel. Florida is becoming a model for the nation by proving that when you rein in lawsuit abuse and restore fairness, families win. Other states facing soaring auto and homeowners insurance costs should take note.

Florida is setting the stage for the rest of the country. A system that once burdened consumers is finally working for them again, and that’s a blueprint any state could take home.